(1) An authorised credit institution that contravenes section 13(2) commits an offence and is liable -
(a) on summary conviction, to a class A fine, or
(b) on conviction on indictment, to a fine not exceeding €250,000.
(2) If an offence under this section is committed by an authorised credit institution, and is proved to have been committed with the consent or connivance, or to be attributable to any wilful neglect, of a person who, when the offence is committed, is -
(a) a director, manager, secretary or other officer of the authorised credit institution or a person purporting to act in that capacity, or
(b) a member of the committee of management or other controlling authority of the authorised credit institution or a person purporting to act in that capacity,
that person is taken to have also committed an offence and may be proceeded against and punished in accordance with subsection (3).
(3) A person referred to in subsection (2) is liable -
(a) on summary conviction, to a class
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